Ronaldo prefers water to Coca Cola minor move and Coca Cola loses 4 billion dollars

 

Cristiano Ronaldo, UEFA Euro 2020 Budapest.

Elon Musk, head of the US technology company Tesla, has been widely accused of tweeting about cryptocurrencies, leading to a sharp rise in the value of the bitcoin in the global market and sometimes an unbelievable decline.

When Elon Musk tweets in support of the bitcoin, the bitcoin appears to double and quadruple day and night, but a few days later, when Musk talks about not investing in the bitcoin, within minutes the currency has lost its value. Gets lost

Cristiano Ronaldo, the world's richest footballer, has been facing a similar situation for the past two days and many users on social media have been claiming that his 'one move' has increased Coca-Cola's market share by 1.6%. Have fallen.

You may have seen a lot of players promoting well-known brands in the capitalist system of most countries in the world, but Ronaldo is being accused of one of his actions to cause a temporary decline in Coca-Cola shares. The alleged damage is estimated at 4 billion dollars.

Ronaldo actions decline Coca Cola shares value

Cristiano Ronaldo is currently representing his national team Portugal in the Eurocup.

So it so happened that before a group match against Hungary on Tuesday, they picked up two bottles of Coca-Cola and put them aside as soon as they came to a press conference.

Then he picked up a bottle of water and waved it and said the Portuguese word 'agua' which means 'water', meaning he was apparently signaling his preference for water over soft drinks.

The press conference was held on Monday. As soon as the video surfaced, fans around the world were busy commenting on it, but soon the situation changed when economic news magazines reported a decline in Coca-Cola shares.

Whatever the reasons for the decline in Coca-Cola's shares, consumers seem to associate it with the movement of the world's richest footballer.

According to the prestigious sports magazine The Athletic, the Coca-Cola Company's market share price was 56.1 dollars on Monday morning, but it was only a short time after Ronaldo's press conference ended that the share price fell 1.6%. It fell to 55.2 dollars, bringing the total value of Coca-Cola from 242 billion dollars to 238 billion dollars in market value.

However, by the end of the day, the value per share again reached 55.29. However, it has not been confirmed whether Ronaldo's move has anything to do with the decline in Coca-Cola shares.

Although Coca-Cola has reacted to Ronaldo's move, it has not commented on the issue of falling shares.

Coca Cola's shares fallen after Cristiano Ronaldo

How did Coca-Cola react?

After Coca-Cola bottles were set aside by Ronaldo, a Coca-Cola spokesman said: "Everyone is allowed to choose the drink of their choice and everyone's taste and need are different."

"We offer each player a bottle of water, Coca-Cola and Coke Zero before the press conference." However, the company has not commented on the issue of falling shares.

Coca-Cola is the official sponsor of the Euro Cup as well as the current club of Ronaldo, Juventus.

Promoting Ronaldo's healthy diet

Ballon D award  of the Best Player of the Year and five-time winner Cristiano Ronaldo has previously promoted a healthy diet.

He is 36 years old but his fitness is excellent which is why he is still considered as one of the best athletes in the world. He keeps posting pictures of his workout routine and daily diet through his Instagram account.

Ronaldo has previously indirectly encouraged people not to drink Coca-Cola. He said in an interview that he sometimes gets angry with his son because he drinks Coca-Cola and Fanta.

Sharing his daily diet, Ronaldo has revealed through his Instagram account that he eats small amounts of food six times a day and the special thing about this diet is that it has a high protein content.

"I have a lot of fruits and vegetables in my diet and I avoid sweets and it is very important to drink water during this time," he says.

Ronaldo becomes new Elon Musk

Following Ronaldo's move, when news of Coca-Cola's share price plummeted, a user wrote that Ronaldo has now become the new Elon Musk.

In this regard, most consumers seemed to appreciate Ronaldo's move to prioritize water over Coca-Cola, but some consumers also criticized him.

"It's not a professional move for me, Coca-Cola's presence there as its sponsor, it doesn't matter to Ronaldo," writes user Nicki Rahmez. They also earn from the money given by the sponsor.'

One user wrote sarcastically, "Wouldn't the poor think of Coca-Cola?" Promoting a healthy diet doesn't mean Coca-Cola is a bad thing."

However, consumers also seemed to say that it was Ronaldo's choice which brand he wanted to promote and which he did not.

"The move tells us that Ronaldo wants to be a role model for children," wrote a user named Animal Bappa.

A user named Ram wrote, "Whether it was done for a specific purpose or it was just a coincidence. But whatever it was, it was a great move by a great footballer."

Another such incident occurred before the match between France and Germany in the very next match when Paul Pogba, representing France, picked up a bottle of beer placed in front of him during a press conference and put it down. Remember that Paul Pogba is a Muslim player.

"Paul Pogba's message is, live a halal life and Cristiano Ronaldo says live a healthy life," said a user after Paul Pogba removed a bottle of beer.

Despite this praise and criticism, defending champions Portugal won the match against Hungary by three goals to nil.

The highlight of the victory was Ronaldo's two goals, after which he became the highest scoring player in the history of the Euro Cup. France, meanwhile, beat Germany 1-0.